Russia and the Gulf countries continue to deepen economic cooperation, which becomes especially important against the backdrop of sanctions restrictions. The Russian-Gulf Business Forum: New Ties, New Opportunities (took place in Moscow on 24 September 2024) provided an opportunity for a comprehensive discussion of both business prospects and legal issues related to the activities of Russian companies in the region.

Highlights of the event in our report.

On September 24, 2024, Moscow hosted the Russian-Gulf Business Forum: New Connections, New Opportunities, a central platform for exploring business prospects in the Gulf. The event highlighted new avenues for collaboration and showcased the commitment of key market players to deepen ties with one of the world’s fastest-growing regions.

On September 8, new state fees came into force for applications by legal entities and individuals to arbitration courts and courts of general jurisdiction. The new procedure applies to any applications and complaints filed with the court from September 9, 2024.

On June 25, 2024, the Supreme Court of the Russian Federation published the Resolution of the Plenum of the Supreme Court of the Russian Federation No. 22 on the submission to the State Duma of the Russian Federation of the draft federal law "On Amendments to the Civil Procedure Code of the Russian Federation" (hereinafter - the "Resolution").

Lidings has signed a cooperation agreement with Leadvisor Global, an international network of consultants. The firm has become the first national legal counsel to represent Russia.

On 28 May 2024, the Constitutional Court adopted Resolution No. 26-P “On the Case on the Verification of the Constitutionality of Part 1 of Article 110 of the Arbitration Procedural Code of the Russian Federation in Connection with the Complaint of Citizen E. M. Tumanina”, in which it analyzed the possibility of reimbursement of legal fees associated with the consideration of an application for procedural succession.

On 23 May 2024 Russian President signed the Decree № 442 “On the Special Procedure for Compensation of Damage Caused to the Russian Federation and the Central Bank of the Russian Federation in Connection with Unfriendly Actions of the United States of America” (hereinafter – the “Decree”).

The Decree introduces a special procedure for compensation of damages caused to Russian Federation or Central Bank of Russian Federation (hereinafter – “Russian rightholders”) due to unfriendly actions of the US. 

On 22 April 2024 the President of the Russian Federation signed Federal Law No. 83-FZ dated 22 April 2024 «On Amendments to the Federal Law “On Advocacy and Advocacy in the Russian Federation”» (hereinafter - Federal Law No. 83).

The main change was the creation of the Unified State Register of Advocates (hereinafter - the “Register”) – a federal information resource containing information on all advocates of the Russian Federation, as well as on applicants who failed the qualification examination. Federal Law No. 83 authorizes the Ministry of Justice of the Russian Federation to maintain the Register and determine the procedure and composition of the information to be included in the Register.

Lidings takes high positions in the new rating of the leading legal advisors in Russia based on the analytical research held annually by the “Kommersant” newspaper. In 2024 the firm is ranked among the TOP leading legal advisors in Russia.